Coal miners forced to save for a rainy day by insurance snub
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers.
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers.
Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.
Eramet has stopped its manganese mining operations and train-transport operations in Gabon out of precaution.
Jakarta recently delayed the issuing of mining quotas and suspended operations at a key site of state miner Aneka Tambang.
Piedmont has a 25% stake in NAL, which started producing lithium earlier this year.
Mining the minerals needed globally for the energy transition is not keeping pace.
The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore.
Donations being made to organizations in British Columbia, the Northwest Territories, Alberta, and Washington and equipment being provided.
Deaths occurred at Anglo American's Los Bronces mine and at Minera ACF, which produces iodine and nitrate in the Tarapaca region.
An accident still under investigation caused the death of two workers at Anglo American’s Los Bronces mine in Chile’s Metropolitan Region.